Barrick Gold shareholders "overwhelmingly" approved its all-stock acquisition of Africa-focused Randgold Resources.
Barrick Gold Corp. Mining News
No final decision has been made, and it’s also not clear whether all three of Acacia’s Tanzanian gold mines will be brought back into Barrick.
Toronto-based Barrick announced it would purchase Randgold for a spectacular $6 billion.
The Canadian miner may slash 400 jobs and involve Chinese partners in its troubled Tanzania operations.
The Canadian miner said it has a strong relationship with partner Ma’aden.
The public is being asked to review and provide feedback on Donlin’s reclamation and closure plans.
Zaldívar signed a new power plant supply agreement with Colbún to produce copper with 100% renewable energy.
Acquisitions in the metals mining sector have begun to pick up, with an increase in joint ventures between Western and Chinese mining firms.
The new measure will affect global mining firms including First Quantum Minerals, Glencore, Barrick Gold Corp and Vedanta Resources which currently pay a flat rate of 9.30 cents/kWh.
Since the commodities supercycle unwound nearly 10 years ago, many investors have been waiting for the right conditions to trigger mean reversion and lift prices.
The officials are accused of abuse of power in the case of the 2015 cyanide spill at Barrick Gold's Veladero mine.
Residents say the federal government is not fulfilling its commitment to the city.
The decision was made to reflect a challenging "shareholder experience" and operations at some mines.
The Toronto-based company, which operates the Lumwana mine, hasn’t received any notifications from the tax authority.
Barrick Gold Corp said a power station that supplies its Porgera gold mine had been damaged, while Ok Tedi Mining Ltd said a landslip had blocked a road and damaged pipelines to its copper and gold mine in the Star Mountains.
Stung by some lousy investments that led to billions of dollars in losses a few years ago, the world’s major gold producers have cut back on mining deals.
The approval of the supreme decree 042-2017 in December might generate more unrest.
A new joint venture has been born.
In 2017, miners finally got tailwinds from commodities as unsavory supply pressures bolstered prices. What’s ahead for 2018? Bloomberg asked six top execs.
The deal was signed between Barrick Gold and Skeena Resources.
Mining companies, including Newmont Mining Corp, Teck Resources and Barrick Gold Corp, reported increased costs this week in their quarterly earnings.
"Barrick must be stopped!", a junior miner wrote.
The complex would be called the Giant Nickel All Season Resort.
The company was also included in the Dow Jones Sustainability North America Index for the 11th consecutive year.
Exeter shareholders will receive 0.12 of a common share of Goldcorp for each they have in the junior — that's a premium of 67% based on the part's closing prices on the day prior to the announcement.